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Tag: stocks


Finance Tech, Trading

Shiba Inu (SHIB) Becoming Bullish, Ethereum (ETH) Price Screams Rally Continuation, Bitcoin (BTC) Not Giving up Market Dominance

January 19, 2024

Via: Investing.com

Shiba Inu currently displays an ascending triangle pattern on the SHIB/USDT chart. This technical formation is widely recognized and could be a signal to a significant price surge for the meme. An ascending triangle is characterized by a flat upper […]


Finance Tech, Trading

US Dollar Stands Tall, Technical Setups on USD/CAD and AUD/USD

January 18, 2024

Via: DailyFX

The US dollar has staged a solid rebound recently as traders have scaled back bets on how much the Fed will slash borrowing costs in 2024. A couple of weeks ago, markets were largely convinced that the U.S. central bank […]


Finance Tech, Liquidity

Crude Oil Price Wilts As China Growth Falls Short, US Inventory Eyed

January 17, 2024

Via: DailyFX

Crude oil prices fell by more than a dollar per barrel on Wednesday as China’s growth data disappointed, raising more worries about end-demand for energy. The world’s number two economy expanded by an annualized 5.2% in the final quarter of […]


Financial Services, Industries

Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge

January 12, 2024

Via: CNBC

Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here’s what the company reported compared to Wall Street expectations, according to LSEG, formerly known as Refinitiv: Earnings per share: 70 cents, […]


Finance Tech, Liquidity

Gold, Silver Price Action Setups Ahead of US CPI

January 10, 2024

Via: DailyFX

The end of 2023 and the start of 2024 presents an environment that is broadly supportive of gold prices. Interest rates are expected to be cut back aggressively, as such, the US dollar and Treasury bond yields have been in […]


News

France stocks mixed at close of trade; CAC 40 down 0.32%

January 9, 2024

Via: Investing.com

France stocks were mixed after the close on Tuesday, as gains in the Consumer Services, Healthcare and Industrials sectors led shares higher while losses in the Oil & Gas, Basic Materials and Aerospace & Defense sectors led shares lower. At […]


News

Global stocks set to snap 9-week winning streak on Fed repricing

January 4, 2024

Via: Investing.com

Asian stocks wobbled on Friday, keeping global equities on track to snap a nine-week winning streak, while the dollar was poised for its strongest weekly advance since mid-July as bets on aggressive Federal Reserve rate cuts were rolled back. MSCI’s […]


Finance Tech, Trading

Bitcoin (BTC) Slumps on ETF Rejection Rumor, All Eyes on the SEC

January 3, 2024

Via: DailyFX

A bearish report by crypto financial services company Martixport is said to be behind the sharp sell-off in Bitcoin. The report suggested that despite all the recent meetings between ETF applicants and SEC staff, and subsequent amendments, all applications will […]


Finance Tech, Trading

European shares see worst day in nearly eight weeks after stellar 2023

January 3, 2024

Via: Investing.com

Europe’s benchmark stock index dropped to a three-week low in a broad-based sell-off on Wednesday, testing 2023’s rally spurred by hopes of major central banks pivoting to easier monetary policy this year. The pan-European STOXX 600 ended 0.9% lower, hitting […]


News

US Dollar Comes Alive as Yields Fly, Setups on EUR/USD, GBP/USD and USD/JPY

January 2, 2024

Via: DailyFX

The US dollar, as measured by the DXY index, started the new year on the front foot, rising for the third consecutive session, supported by a rebound in U.S. Treasury yields, with the 10-year note up 7 bp to 3.93%. […]


News

Asian stocks track Wall St losses amid doubts over early rate cuts

January 2, 2024

Via: Investing.com

Most Asian stocks fell on Wednesday, tracking steep overnight losses on Wall Street as markets second-guessed expectations for early interest rate cuts by the Federal Reserve, especially before more key economic cues this week. Concerns over slowing growth in China […]


Capital, Finance Tech

Should new year investors be daring or defensive? Top stocks for 2024

December 29, 2023

Via: MoneyWeek

Leaps in healthcare technology continue to benefit humankind: from the advent of the X-ray in the 19th century to dialysis, CT, MRI, and other machines in the 20th century, to a new breadth of digital tools in this era. Perhaps […]


Finance Tech, Liquidity

Oil prices set to end year 10% lower as demand concerns snap winning streak

December 28, 2023

Via: Investing.com

Crude futures lost over 10% in 2023 in a tumultuous year of trading marked by geopolitical turmoil and concerns about the oil output levels of major producers around the world. Brent crude on Friday, the last trading day of the […]


Finance Tech, Liquidity

Oil Price Forecast: Oil Slides on Conflicting Red Sea Reports, EIA Numbers Ahead

December 28, 2023

Via: DailyFX

Oil prices failed to maintain its momentum this week with a sharp selloff yesterday continuing through the Asian and European sessions today. US stockpile numbers released yesterday evening from the American Petroleum Institute (API) showed a buildup of 1.837 million […]


Finance Tech, Trading

Barclays is bullish on stocks but says soft landing narrative ‘will face reality checks’

December 22, 2023

Via: Investing.com

According to Barclays strategists, the equities market is poised for a positive year in 2024, driven by the prospect of lower interest rates prompting increased cash deployment. The team suggests that a pause in the equity markets would be logical […]


News

ONS ‒ house price falls accelerating

December 20, 2023

Via: MoneyWeek

The rate at which house prices are falling has accelerated, the latest house price index from the Office for National Statistics (ONS) has found. In its latest index, the ONS revealed that the average house price dropped by 1.2% in […]


Finance Tech, Liquidity

Oil prices fall on demand concerns after US stock build

December 20, 2023

Via: Investing.com

Oil prices fell on Thursday, as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions and geopolitical tensions in the Middle East. Brent crude futures fell 65 cents, or 0.8%, to $79.05 […]


Finance Tech, Trading

Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction

December 18, 2023

Via: CNBC

A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after stocks and bonds rallied sharply. The Fed voted last week to hold rates steady once again, and its updated projections […]


Finance Tech, Trading

Most popular funds and stocks purchased in 2023

December 18, 2023

Via: MoneyWeek

Every month we look at the most popular funds and stocks investors are buying, but what have been the most purchased investments throughout 2023? December may be a joyful month but it has been an uncertain year for the financial […]


Finance Tech, Liquidity

Gold Price Forecast: Fed Pivot Opens Pathway for New Fresh Record, XAU/USD Levels

December 15, 2023

Via: DailyFX

Gold prices (XAU/USD) gained ground on Thursday, rising for the second consecutive trading session after the Federal Reserve embraced a dovish posture at the conclusion of its December monetary policy meeting on Wednesday afternoon, an unexpected outcome that triggered a […]